View Clips (0) Hide
Go Back
Southern Cross Investment Limited, MEL 12014, Exploration License, 2011
1
  • ocds-591adf-2421163259
  • January 11, 2016
  • English
  • Liberia See Legislation  in African Mining Legislation Atlas
  • Ministry of Lands, Mines and Energy
  • May 06, 2011
  • Company-State Contract
Key Clauses
View all Key Clauses
Company
  • -
  • -
  • -
  • -
  • -
Associated Documents
No associated documents available.
CONCESSION / LICENSE AND PROJECT
  • -
  • -
  • -
  • MEL 12014
Source
12 Key Clauses
General
Date - contract signature
6/5/2011
Page 2 ( Signature page )
Location
The exploration area covers approximately 349.13 square kilometers in area defined by the UTM coordinates of Spatial Reference (WGS84 etc.), detailed in Art. 3
Page 1 ( Art. 3 ) , Page 2 ( Map )
Renewal or extension of term
The contract can be extended for 2 years if Southern Cross Investment is in compliance with its obligations during the initial term
Page 1 ( Art. 4.4 )
Resource(s)
Iron Ore
Page 1 ( Art. 1.2 )
Signatories, State
Emmanuel O. Sherman, Assistant Minister, Mineral Exploration & Environmental Research; Roosevelt G. Jayjay, Minister, Ministry of Lands, Mines and Energy, Liberia
Page 2 ( Signature page )
Signatories, company
Southern Cross Investment Limited
Page 1 ( Title )
State agency, national company or ministry executing the document
Ministry of Lands, Mines and Energy
Page 1 ( Title )
Term
Term is 3 years
Page 1 ( Art. 4.4 )
Type of contract
Exploration license
Page 1 ( Title )
Operations
Other - operational
If Southern Cross Investment discovers exploitable deposits of iron ore in the exploration area and has complied during the exploration period with its obligations, it will have the right to enter into a mineral development agreement and obtain a Class A mining license
Page 1 ( Art. 4.5 )

This site provides summaries of contracts and their terms to facilitate understanding of important provisions in the documents. These summaries are not interpretations of the documents. Neither the summaries nor the full contracts are complete accounts of all legal obligations related to the projects in question. This site also includes document text that was created automatically; such text may contain errors and differences from the original PDF files. No warranty is made to the accuracy of any content on this website.

Partners

NRGI CCSI World Bank Open Oil ALSF